Verde, Newcastle Upon Tyne

CANCELLATION POLICY

1. An Academic year covers the period 1st September to 31st August.  Provided you haven't collected the keys to the accommodation, you may be able to cancel your booking by writing or sending an email , subject to the following terms: 

APPLICATIONS MADE/COMPLETED BEFORE 30TH NOVEMBER

• For bookings made before the 31st July for the next academic year you may cancel your booking within 48 hours from accepting the terms of the agreement and completing the tenancy on line. If you chose to cancel your booking with them during the cancellation period they reserve the right to retain 50 from the Security Deposit paid in lieu of costs incurred
• For Bookings made between the 1st and 31st of August for the next academic year you will not be able to cancel. (Please refer to the Re-let policy / No Place, No Pay policy)
• Bookings made in and for the current academic year may not be cancelled once the terms of the tenancy have been accepted and the agreement completed (Please refer to the Re-let policy)
• Failure to complete the Agreement: In the instance where a deposit is paid and the offer of accommodation is declined i.e. the tenant fails to manually or digitally sign a Tenancy Agreement, they reserve the right to retain 50 from the Security Deposit in lieu of costs.

APPLICATIONS MADE/COMPLETED ON OR AFTER 30TH NOVEMBER

• For bookings made before the 31st July for the next academic year you may cancel your booking within 48 hours from accepting the terms of the agreement and completing the tenancy on line.  If you chose to cancel your booking with them during the cancellation period they reserve the right to retain the Holding Deposit in lieu of expenses incurred
• For Bookings made between the 1st and 31st of August for the next academic year you will not be able to cancel once you have accepted the terms of the agreement and competed the tenancy online. (Please refer to the Re-let policy / No Place, No Pay policy)
• Bookings made in and for the current academic year may not be cancelled once the terms of the tenancy have been accepted and the agreement has been completed (Please refer to the Re-let policy)
• Failure to complete the Agreement: In the instance where a holding deposit is paid and the offer of accommodation is declined i.e. the tenant fails to manually or digitally sign a Tenancy Agreement, they reserve the right to retain the Holding Deposit in lieu of costs incurred.

Subject to the cancellation periods stated above once you have signed your tenancy agreement you will be legally bound by the terms stipulated in your tenancy document. 

2. Once the Cancellation Period has expired or if you have collected the keys for your accommodation you will be legally bound by the terms and conditions of the Tenancy Agreement and will be liable to pay all the amounts due. You cannot terminate, or be released from your Tenancy, until such time that you have successfully re-let your room (see Re-let Policy). Please note that a room can only be re let at the higher of the rent specified on the tenancy agreement and the current prevailing rent. This may not necessarily be the same as the rent specified on the outgoing tenants agreement.  Any outstanding amounts on your account must be paid in full prior to the landlord agreeing to re let your room.  You are not permitted to sublet your room; all rental agreements must be made through  property . In order for  property  to re let your room you must complete a Re let form and administration charges will apply. 

3. No Place No Pay: Provided you have not collected your keys the following will apply: If your offer of a place at your preferred/current University/Higher Education Institution is withdrawn by the University/Higher Education Institution as a result of you not achieving their required entry grades or passing your end of year exams, you may be eligible to be released from this agreement. You may also be eligible to be released from this agreement if you are a prospective first year undergraduate student and you choose to go to a different University because you have exceeded your expected grades. To apply to be released from this agreement in the circumstances referred to above, you will need to supply them with a copy of:

• a written rejection letter from your chosen university /college or UCAS or a screen shot of your UCAS status which confirms that the required results were not achieved; or
• a copy of the proof of acceptance of your new university by UCAS adjustment.

These document(s) must be received by them within 7 calendar days from the date your results are published or by 1st September (which ever date is the sooner). Please email the documentation to. On receipt of the required documentation it will be verified and, provided they are satisfied, they will cancel your agreement and refund your deposit in full. 

4. If you cannot get a VISA to study in the UK: Provided that you have NOT collected the keys, and you have evidence in writing that your application has been refused, they will release you from the tenancy and refund the deposit, provided that you send this evidence to them within 1 week of your notification. If the Tenancy has already commenced, and you have NOT collected your keys, you will be charged for the period from the Tenancy Start Date to the date you send them with evidence that you have not been granted a VISA, provided that they receive the evidence in writing within 1 week of your notification.  If you have moved into the accommodation prior to your Visa application being declined you will be responsible for the rent until they can find a student to rent your room. 

5. Summer Let Cancellations: Summer cancellation request made more than two weeks before the summer tenancy start date:

• May be cancelled if evidence is provided to support reason for cancellation (e.g.no summer course, unable to meet conditions of offer etc)
• In the case where the summer let is cancelled by  property  the Holding Deposit will be refunded
• If customers want to cancel and are unable to provide supporting evidence to support the reason for the cancellation / they have changed their mind the Holding Deposit paid will be held in lieu of costs incurred

Summer cancellation requests made less than two weeks before the summer tenancy start date cannot be cancelled  

6. Re-Let Policy: Kindly note that their tenancy agreements do not allow you to sublet rooms.  Any customers who want to re-let their room need to complete the relevant Re-let form. If you require this form, please request it by email from your site team. Any customers who are re-letting the previous tenants room need to compete the relevant tenancy agreement and be a full-time bona fide student who is acceptable to them. An Academic year covers the period 1st September to 31st August. 

For bookings made before the 31st July for the next academic year

• If you chose to Re-let your room,  property  will charge you GBP 50 for costs incurred.   property  reserve the right to deduct this amount from any credit balance on the account or the Security Deposit if applicable.
• Re-lets cannot be for a section of the tenancy, must be for the full period of the tenancy.
• Finding replacement tenant is your responsibility.  property  will assist however please note they would prioritise direct available rooms.
• Re-let is complete only when new tenant has signed their tenancy agreement and is outside their cooling off period.
• Refunds will be processed when agreed and in line with the DPS / LPS

For Bookings made between the 1st August and tenancy start date for the next academic year.

• If you chose to Re-let your room,  property  will charge you GBP 50 for costs incurred.  property reserve the right to deduct this amount from any credit balance on the account or the Security Deposit if applicable.
• Re-lets cannot be for a section of the tenancy, must be for the full period of the tenancy.
• Finding replacement tenant is your responsibility. property will assist however please note they would prioritise direct available rooms.
• Re-let is complete only when new tenant has signed their tenancy agreement and made their 1st rent payment.
• Refunds will be processed when agreed and in line with the DPS / LPS

For Bookings made in and for the current academic year.

• If you chose to Re-let your room, property will charge you GBP 50 for costs incurred.  property reserve the right to deduct this amount from any credit balance on the account or the Security Deposit if applicable.
• Re-lets must be for the full remaining term of the tenancy and for a minimum period of 8 weeks and to a full-time bona fide student who is acceptable to them.
• Please note 48 hours are required between old tenant departing and new tenant arriving. Re-letting tenant is liable for this period.
• Finding replacement tenant is your responsibility. property will assist however please note they would prioritise direct available rooms.
• Re-let is complete only when new tenant has signed their tenancy agreement and paid any fees due.
• Refunds will be processed when agreed and in line with the DPS / LPS